Woodley Property LLC Acquires 28-Unit Multifamily In Van Nuys For $5M
SOLD
$5,000,000
California
See Similar DealsMultiFamily23,173 SF
Sold 11/06/2019
SOLD
Woodley Property LLC Acquires 28-Unit Multifamily In Van Nuys For $5M
6655 Woodley Avenue, Van Nuys, CA 91406, USA
See Similar DealsMultiFamily23,173 SF
Sold 11/06/2019
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$215
Total Square Footage:23,173 SF
Transaction Type:Sale
A multifamily property located at 6655 Woodley Ave in Van Nuys has been sold for $5,000,000. The property spans 23,173 square feet, with a price per square foot of $215.77. It consists of 28 units, resulting in a price per unit of $178,571.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,000,000
- Square Footage: 23,173
- Price per Square Foot: $215.77
- Number of Units: 28
- Price per Unit: $178,571
Woodley Property LLC has purchased the property from FP Woodley LLC. The transaction was facilitated by Yitzy Pearson of Pearson Real Estate Group, who represented the buyers, Woodley Property LLC, in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61
Is there something missing? Send suggestions